Home prices undoubtedly soared over the past couple years, but as any renter can tell you, rents have absolutely exploded. According to an article in the New York Post, rent increases in 2021 were more than double what they had been in any previous year. A recent decrease in home prices has been old news for a few… Read More
Unemployment statistics are promising but it may not be what you think. So far this year, job growth has actually been slower than anticipated, yet employment numbers continue to drop… more on the reason for that below. So what does this mean for our Real Estate market? Higher unemployment was one of the main factors… Read More
Mortgage Rates Make Moves I was talking with a mortgage lender recently at a Home Buyer’s seminar. He was maintaining a positive outlook on mortgage rates in spite of the recent rise and expected jump next month. I would caution you however, if you are on the fence about when to buy a home, when… Read More
